Somedata of LED market share in india
Before to learn the LED buld PCB market share, we sould know the LED market developing state.
India’s LED market is forecast to reach $1457.8 million by 2019, at a CAGR of 35.9 per cent, during the period 2014-2019.
The reason why LED bulb PCB can develop vey big market share
First of all we must learn some data of LED market share in india.
Government initiatives to replace incandescent bulbs with LED bulbs, the increasing energy demand-supply gap, and declining prices are the factors driving the growth of LED lighting in India.
Street lighting applications account for most of the market revenues in the Indian LED lighting market.